BPMX before the 122% rise. continuing my analysis. Penny trades require a lot of patience. This is not only true for BPMX. The exchange began to build a so-called impulse fractal. The rise in the exchange rate started from an accumulation range. My assumption is that the percentage of the rising fractal will be the same as that of the starting fractal. Therefore,...
BPMX is up another 319%. My previous analysis accurately signaled the rise. My current analysis seeks an answer to what kind of movement the exchange rate might be in the future. Let's look at the analysis. The chart shows that the chart is fractal. It can also be seen that the ATR closing values were 28% higher for both correction fractals. This rule is used for...
BPMX next target 0.67usd. In case the exchange rate continues to move, I expect another rising wave sequence. The gray squares in the analysis are ATR areas. From this it can be seen that the currently constructed rising wave sequence is twice the previous one (because its ATR is also double), therefore I assume that the amplitude of the emerging wave will be...
After a US $ 0.34 backtest, the exchange rate may start to rise more strongly. The rise can have a pulse wave sequence property. The rise target price is US $ 1.02.
The exchange rate decreases in a triple wave sequence. At the completion of the triple wave sequences, a nearly 200% increase occurs. We are still at the end of such a wave sequence. That's why I'm looking forward to the 228% corrective phase. However, it should be noted that the fair value of the stock is 0.114 usd. It's depressing. In case the technical...
Hello Traders :) All the indications I see in AMEX:BPMX tell me that this could be the reversal point. This is one of the moments where we can always decide easily! which trend to take! So here is our strategy :) Strategy Aim for a long position for the following reasons!!! 1- Divergence exists in weekly time-frame all the way since 2016! 2- A bullish...
The exchange rate reached a correction level of 1.18 usd. I expect a rise from this level. Currently, neither motion nor fractal motion can be identified on the graph, so it is advisable to use the ATR axis strategy. In the event that this strategy is outlined or the theory of further movement is based on this theory, the rule system dictates that the back test...
According to the previous analysis, the exchange rate may start to rise. Initially, the rise could be a 67% technical rise. The rise target price is 0.1278 usd.
If we look at the graph of BPMX, it is obvious that the exchange rate moves with a falling ATR. Wave and fractal structures can be identified behind the decreasing ATR. Visible (yellow square) is currently the last wave structure. The next structure, assuming a fractal structure is built up, can be double. The figure shows that the decreasing ranges consisted of...
The exchange rate can make a move with increasing volatility. The motion of the wave increases. The current wave target price may be 0.1327. Then, I expect a stronger corrective motion. After completing this, I assume a 130% gain with a target price of 0.1832.
The exchange rate builds a double wave structure. This wave structure can also be a drag structure. The second map of the first fractal is shown in the figure. If the calculated strategy is correct, its target price is 0.5250 usd. The current level is 350% increase.
In the exchange rate we expect a double impulse to rise. The exchange rate reached 0,1240 levels at the correction level. We expect a return to this level. The first rising pulse wave is expected to be 36%, with a target price of 0.1649 usd. At this level, we assume a correction or consolidation. Then we are waiting for a 113% re-pulse wave. For this dual pulse...
The exchange rate rises. A minor correction is still in progress but we use them for long positions. The exchange rate is expected to increase more strongly, with a target price of around 0.3671. If the analysis is correct, further analysis can be made of the new wave structure.